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Thaketa gas power plant inaugurated in Myanmar

A China- Myanmar joint venture Thaketa gas-fired combined cycle power plant was inaugurated in Yangon on Saturday. U Kyaw Win, union minister for the Ministry for Planning and Finance and chairman of the Myanmar Investment Commission, said that the project symbolizes an important step forward toward close cooperation between the two countries. He expressed his […]

Myanmar’s Garment Industry is on a Growth Path

Myanmar is starting to get more attention and investment in the garment manufacturing sector, despite some persistent political and labor strife. Myanmar SUMEC Win Win Garments Co., a unit of SUMEC Textile and Light Industry Co., has opened a new factory in Shwe Pyi Thar Industrial Zone in Yangon, according to Asian press reports. Speaking […]

Myanmar’s largest Chinese-invested garment company launches new factory

YANGON, Oct. 27 (Xinhua) — Myanmar’s largest Chinese-invested garment company launched a new factory in Yangon on Friday. Myanmar SUMEC Win Win Garments Co., Ltd, Myanmar’s largest exporter in garment sector, and a branch of SUMEC Textile and Light Industry Co., officially started operating a new factory in Shwe Pyi Thar Industrial Zone in Yangon. […]

China helps Myanmar in development of monetary services: Banker

YANGON — The Industrial and Commercial Bank of China (ICBC) has been helping Myanmar in development of the country’s banking and monetary services by nurturing skilled banking personnel, He Biqing, general manager of ICBC’s Yangon branch, has said. Speaking here at the opening of the “Belt and Road, Golden Myanmar” Financial Services Summit, he said […]

China-Myanmar gas power plant to supply electricity to Yangon by year-end

A China-Myanmar joint venture gas power plant, Thaketa, will be able to start to supply electricity to Yangon city and the region by the end of this year and can ease the electricity shortage to some extent which Yangon is faced with, a high project official said on Sunday. General Manager of the Thaketa gas […]